Provident Acquisition Corp. Class A Ordinary Shares
PAQC
PAQC was delisted on the 28th of October, 2022.
63 hedge funds and large institutions have $142M invested in Provident Acquisition Corp. Class A Ordinary Shares in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
10% more capital invested
Capital invested by funds: $129M → $142M (+$12.5M)
2% more funds holding
Funds holding: 62 → 63 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
RPO LLC
Stamford,
Connecticut
|
+$6.67M |
| 2 |
AC
Athos Capital
Hong Kong
|
+$3.94M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$2.17M |
| 4 |
CF
Cantor Fitzgerald
New York
|
+$754K |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$671K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prelude Capital Management
New York
|
-$570K |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$526K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$197K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$148K |
| 5 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$98.5K |
PAQC Hedge Fund Activity: Q2 2022 in Review
63 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Provident Acquisition Corp. Class A Ordinary Shares (PAQC) for Q2 2022, worth a combined $142M — up 9.7% from $129M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PAQC positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was RPO LLC, adding an estimated $6.67M. The largest seller was Prelude Capital Management, exiting entirely with an estimated $570K sold.
- 63 institutional investors held Provident Acquisition Corp. Class A Ordinary Shares (PAQC) as of Q2 2022, up from 62 in Q1 2022.
- Funds reported $142M of Provident Acquisition Corp. Class A Ordinary Shares stock for Q2 2022, up 9.7% quarter-over-quarter.
- 5 funds opened new Provident Acquisition Corp. Class A Ordinary Shares positions in Q2 2022 and 3 closed out, a net change of +2 holders.
- The largest Provident Acquisition Corp. Class A Ordinary Shares buyer in Q2 2022 was RPO LLC, an estimated $6.67M added.
- The largest Provident Acquisition Corp. Class A Ordinary Shares seller in Q2 2022 was Prelude Capital Management, an estimated $570K sold.
Based on aggregated 13F filings for Q2 2022.